Guide Price
£105,000
Location
Barley Street, Burnley, BB12 7BE
Bedrooms
4
Type of property
HMO
Enquire for Detailed Returns Breakdown & Investment Documents.
A 4 bedroom terrace house located in Burnley currently being occupied as a HMO. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.
The property features 4 bedrooms, kitchen, bathroom and ideal transport links throughout the local area.
For investors looking for a rewarding investment, this is a brilliant opportunity!
Investment details
The current gross annual rent agreed with the tenant is £19,200 and there are tenants in situ. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
This is a perfect addition to any investment portfolio with great rental returns in a high demand area.
Auction Details
The seller is open to pre-auction offers. Unless a pre-auction offer is accepted, the sale of this property will take place on our next bi-weekly online auction (see dates on our website) and is being sold under the unconditional sale type with a standard 28 days completion.
Separate to a 10% deposit (£5,000 minimum) and our Buyers Premium there may be additional fees or conditions listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack before bidding.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Please call us or enquire for the full legal pack and property information on this listing.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Verified as Leasehold with 867 years on lease
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
HMO License documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.